Consolidated figures
| Ratio | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Margins | |||
| Gross margin % | 28.4% | 30.1% | 30.4% |
| EBITDA margin % | 12.7% | 10.5% | 9.3% |
| EBIT margin % |
| 10.8% |
| 8.3% |
| 6.8% |
| PAT margin % | 9.1% | 6.7% | 7.6% |
| Working capital | |||
| Receivable days | 40 | 41 | 61 |
| Inventory days | 341 | 96 | 46 |
| Payable days | 14 | 19 | 13 |
| NWC days | 367 | 118 | 94 |
| Leverage | |||
| Current ratio | 28.64 | 5.54 | 5.19 |
| Debt to EBITDA | 0.48 | 0.6 | 1.32 |
| Debt to equity | 0.05 | 0.09 | 0.19 |
| Interest coverage | 13.5 | 18 | 10.1 |
| Asset turnover | 0.78 | 1.17 | 1.17 |
| Return ratios | |||
| Return on assets % | 7.1% | 7.8% | 8.9% |
| Return on capital employed % | 10.2% | 14.8% | 17% |
| Return on equity % | 7.7% | 10% | 11.5% |
Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.